Friday, October 10, 2008

SAP in INDIA

SAP LABS INDIA

THE HIGH ENERGY LAB, DRIVING INNOVATION IN BUSINESS SOLUTIONS

SAP Labs India is SAP's second largest Research & Development and Global Services & Support center in the world. Founded in November 1998, SAP Labs India is one of the four global development hubs (Germany, US and Israel being others) of SAP that contribute to all areas of the SAP product value chain- Research & Breakthrough Innovation, Product Development, Global Services & Support and Customer Solutions & Operations.

SAP's eight Labs in different countries are industry role models for globally distributed development organizations and contribute heavily to the goals of SAP's business units. Bridging the gap between local market demands and SAP's development organization, SAP Labs set standards for excellence in innovation, efficiency, and reliability.

SAP Labs India researches, designs, and delivers leading-edge software applications that enhance and extend SAP® solutions, and is recognized within the SAP global organization as one of the prime contributors of innovation, quality and service. Of SAP Labs India's headcount, about 25℅ is committed to research and next generation product development. It is SAP's largest location for SRM development, instrumental in delivering SRM 6.0 as well as development of SRM 7.0. The Central Test Lab for Global Application Platform development, SAP Labs India also contributes to 2/5th of global ERP development as well as the development of latest CRM solutions. It has complete ownership of delivering solutions for industries such as Hi-Tech, Apparel and Footwear Solutions (AFS) and SAP CRM for Pharmaceuticals, along with a significant contribution to SAP's Oil and Gas Downstream solution. SAP Labs India is also the prime contributor to the global development for latest applications such as xApps and Duet.

As a Global Services and Support organization, Labs India boasts of the largest production team outside Germany providing assembly, validation and test services, and is credited as being the largest testing center within SAP. Accounting for close to 50℅ of SAP custom development, Labs India also provides remote maintenance services to roughly 8/10th of North American customers.

Employees of SAP Labs India spread across Bangalore and Gurgaon are leading the way in building solutions for businesses across the world. Thanks to SAP's extensive employee learning system, management excellence and world class infrastructure, we have been rated among the Top-5 Best Workplaces among IT Software organizations. As an employee of SAP Labs India – one of SAP's fastest growing subsidiaries - you would be part of an organization that is a role model for globally distributed development organizations, contributing effectively to the goals of SAP's business units.

CA JOB OFFER

RECRUITMENT OF CHARTERED ACCOUNTANTS WITH EXPERIENCE IN FINANCE OF 10 TO 15 YRS. AGE NOT MORE THAN 48 YRS, WITH SOME YEARS OF WORK EXP IN A MULTINATIONAL COMPANY.GOOD SALARY PACKAGE WITH FREE FAMILY STATUS, (Family accomodation & Mid Size Sedan Car ) WILL BE OFFERED TO THE SELECTED CANDIDATE.THIS VACANCY IS FOR A GROUP OF COMPANIES IN JEDDAH, SAUDI ARABIA WITH BRANCH OFFICES IN RIYADH, DAMMAM, & MECCA. ALL TERMS AND CONDITIONS CAN BE DISCUSSED WITH THE CHAIRMAN OF THE COMPANY AND GROUP FINANCIAL CONTROLLERS WHO WILL BE CONDUCTING PERSONAL INTERVIEWS IN MUMBAI.

PLS BRING THE FOLLOWING

1. 4 SETS OF LATEST UPDATED CVS.

2. ATTACH ALL COPIES OF ACADEMIC AND EXP CERTIFICATES WITH 20 photo( passport size with red back ground) & CLEAR coloured PASSPORT COPIES.

To apply & Call back on 09220577890 for IMMEDIATE CONFIRMATION TO LINE YOU UP FOR INTERVIEW.

THANKYOU

REGARDS
MR SAJID SAYYED ( DIRECTOR)

Examiner's opinions on students of PCC exams may-08{ Advanced Accounting,Auditing And LAW}

SUMMARY OF EXAMINERS’ COMMENTS ON THE PERFORMANCE OF CANDIDATES
PAPER – 1 : ADVANCED ACCOUNTING
General Comments
The overall performance of the candidates was average. Most of the examiners complained that
understanding of accounting standards and conceptual clarity of theoretical portion of the subject is
not upto the level of knowledge expected at PCC. It is advised that the candidates should go
through the study material thoroughly. Also candidates should append their solutions with proper
working notes. Short length questions with reasoning, intricately test the candidates’
understanding of the topics covered under the study material. Therefore, candidates are advised
to work hard on such questions. Candidates are also suggested to strictly follow the instructions
given in the question paper.
Specific Comments
Question 1. Partnership Accounts:
Performance of the candidates in this question was satisfactory. Few candidates did not give the
required treatment of goodwill on the basis of AS 10, hence, not calculated the gaining and
sacrificing ratio. Also some candidates had not increased the value of investment to its market
value and some had not transferred investment fluctuation reserve and contingency reserve to
partners’ capital accounts. Consequently, they could not prepare the capital accounts of partners,
and balance sheet of the firm after reconstitution in the correct manner.
Question 2. Accounting for Amalgamations:
The performance of candidates specifically on this question was very poor. Most of the candidates
were not able to compute the purchase consideration correctly. Thus they failed to pass the journal
entries with correct amounts, in the books of AB Ltd., for acquisition of A Ltd. and B Ltd. Also
many candidates were not able to draw the balance sheet of AB Ltd. after amalgamation.
Candidates were able to fetch step wise marks in this question but no candidate was able to fetch
more than 50% marks. Candidates require lots of practice on this topic.
Question 3. (a) Insurance Claim:
Candidates were not able to perform well in this part of the question. It is noted that candidates got
confused with the treatment of damaged goods and thereby calculated wrong closing stock
destroyed by fire and insurance claim on it.
Question 3. (b) Self Balancing Ledgers:
Overall performance was good and most of the candidates secured full marks in this part of the
question.
SUMMARY OF EXAMINERS’ COMMENTS 49
Question 4. Financial Statements of Not-for-Profit Organisations:
Satisfactory performance has been noted by the examiners in this question. However, sufficient
working notes were not found for calculation of insurance, stationery, sports material etc.
Question 5. Short Answers:
This question was based on short answers and has been asked in 10 parts out of which candidates
have option to answer any 8 parts (2 Marks each). These parts are an appropriate blend of theory
and practical problems to judge the conceptual knowledge of the candidates on various topics.
The performance of the candidates was satisfactory. Few candidates solved all the 10 parts
although only 8 parts were required to be answered and this should be avoided.
Question 6. Questions based on Accounting Standards and Theory of the Subject:
This question was asked in 6 parts out of which candidates were required to answer any 4 parts (4
marks each) only. These questions are also a mix of theory and practical problems. In part (c) of
this question, candidates were not able to explain the circumstances when the Garner v/s Murray
rule is not applicable. This shows their lack of understanding of the topic. However, overall
performance of the candidates was satisfactory.
PAPER – 2 : AUDITING AND ASSURANCE
General Comments
Performance of the examinees in general was average. Students should be conscious that this is
a technical paper requiring answers to the point.
Specific Comments:
Question 1. All the 12 parts of the question were straight forward and within the syllabus. The
students generally answered well and majority has scored more than 50%.
Question 2. (a), (b) and (c) These are application oriented questions, testing the knowledge of
students with regard to objective and scope of audit of financial statements, going concern and
relying upon the work of internal auditor .Generally the approach was good with proper reference to
AAS.
Question 3. (a) Most of the students were very much confused with regard to the term “assertions
an auditor is concerned with”. The answers were below average and many of the students did not
attempt this question.
(b) Many candidates answered this question well. While some other students’ answers were akin
to beating about the bush.
Questions 4. (a) Students were not clear about reliability of internal control system in a
computerised information system. Majority of the students answered wrongly.
(b) Answers to this part of the questions were average.
PROFESSIONAL COMPETENCE EXAMINATION : MAY, 2008 50
Question 5. (a) Some students were confused the term “interest out of capital” with “interest on
capital”. Some students wrote about AS 16, which was totally irrelevant. Very few students have
written correct answer.
(b) Answers were generally average and some answers were mainly out of imagination.
Question 6 (a) Many students attempted this part fairly well. However, some students left out the
important points to be kept in mind while verifying the correctness of bank balance of an
Educational Institution which deposits all its collection/receipt in separate collection account of a
bank.
(b) Majority of the students answered correctly but a few students gave inaccurate answer.
Question 7. (a) It is good to note that many students attempted this part keeping practical
aspects in their mind.
(b) Many students answered well by covering all the relevant points on vouching and verification of
Sale of Scrap/Borrowings from Bank.
(c) Answers to this part were below average.
Question 8. (a) Most of the examinees gave correct answer.
(b) Answers to this part of question were poor.
(c) Answers were generally good except some students wrote on Contents of Permanent and

Current Audit File.
PAPER – 3 : LAW, ETHICS AND COMMUNICATION
General Comments
The performance of the examinees in general was average. The following improvements are
required:
1. Examinees to provide case-laws and specific provisions in their answers.
2. Examinees to make use of Bare Acts.
3. Examinees to improve their English language skills such that their answers make clear sense.
4. Examinees to focus on certain Acts such as Negotiable Instruments Act, 1881, and Payment
of Bonus Act, 1965.
Specific Comments
Question 1. The answer, in general, was highly satisfactory though some candidates displayed
only a mediocre knowledge of law of agency. Some candidates had answered that ‘the principal
can sue the agent’ instead of correctly answering that ‘the principal can repudiate the contract’.
SUMMARY OF EXAMINERS’ COMMENTS 51
Question 2. Candidates’ performance in Part (a) was satisfactory. The performance in Part (b)
(based on objective type questions in Company Law) was poor. It seems that the candidates were
not aware of the fundamental principles of Company Law.
Question 3. The performance of the candidates was found highly satisfactory. Most of the
candidates stated correctly the entitlement of bonus under the Payment of Bonus Act, 1965.
Question 4. Performance of the candidates was not satisfactory. Most of the candidates did not
state the conditions whereunder presentment of Bill of Exchange is not necessary under the
Negotiable Instruments Act, 1881.
Question 5. In general, the performance of the candidates was satisfactory. But many
candidates had not mentioned the relevant provisions of the Employees’ Provident Fund and
Miscellaneous Provisions Act, 1952 that were required to answer this question.
Question 6. Performance of the candidates was not satisfactory. Most of the candidates did not
answer the problem correctly, especially the second part of the question.
Question 7. This question was well attempted. Candidates’ performance was highly
satisfactory. Some candidates failed to discuss properly the conditions when gratuity is paid even
when the employee is not working.
Question 8. Candidates’ performance was satisfactory.
Question 9. Performance of the candidates was average. Most of the candidates did not
explain the power of Registrar of Companies to permit registration of charge after expiry of
prescribed period under Companies Act, 1956. Some candidates mentioned the time required for
registration as ‘one month’ instead of as ‘thirty days’.
Question 10. Candidates’ performance was satisfactory.
Question 11. Performance of the candidates was satisfactory. Some candidates had
erroneously outlined the procedure of shifting of registered office from one State to another
whereas the question was regarding the procedure of shifting the registered office from one
jurisdiction to another jurisdiction within the same State.
Question 12. Performance of the candidates was highly satisfactory.
Question 13. In both the parts of the question i.e. (a) and (b), performance of the candidates
was average. With regard to part (a) some candidates did not have a clear idea about the various
committees; and with regard to part (b) candidates could not explain fully the “self” interest threats
“to auditors and employees”.
Question 14. Majority of the candidates avoided this question, which related to “ethical
behaviour in marketing”. The performance of those, who attempted was average.
Question 15. Performance of the candidates was satisfactory.
Question 16. Performance of the candidates was satisfactory.
PROFESSIONAL COMPETENCE EXAMINATION : MAY, 2008 52
Question 17. (a) This part of the question was attempted by almost all the candidates and
performance of the candidates was highly satisfactory. The candidates understood the language of
the question well and attempted the question in a dignified manner.
(b) Drafting of the Power of Attorney was not satisfactory. It appears that the most of the
candidates were ignorant about the art and principles of drafting Power of Attorney. Some
candidates authorized ‘a firm of Chartered Accountants’, whereas it was required to authorize
‘Chartered Accountant’s. The candidates are advised to practice the drafting of legal deeds and
documents.
Question 18. Overall performance of the candidates was not satisfactory. Most of the candidates
were not able to distinguish between General Meeting and Extraordinary General Meeting of the
Company. The concept of the notice was not clear to the candidates. Mostly, the candidates did
not know the Resolution in the notice. The candidates lacked professional approach in attempting
such a practical question.
Question 19. Notice for calling the meeting of the Board of Directors was not properly and
satisfactorily drafted by the candidates. Most of the candidates did not mention time, date, address,
agenda, signature etc. in the notice. This question was attempted by a few candidates.
Question 20. Performance of the candidates was outstanding. By and large, the candidates
explained clearly the Process of the Communication.

Direct enquiries Through Mails and Phone no.s for CPT, PCC and Final Students { CA}

August 27, 2008

SOLUTIONS TO STUDENTS’ QUERIES THROUGH TOLL FREE MODE AND DIRECT E-MAIL

The Board of Studies is happy to inform the CA students that the following facilities have been provided by the Board of Studies for facilitating quick solutions of CA students’ queries:

1. Toll Free Number : 1800-200-2501
2. Individual telephone numbers of respective faculty members
3. Individual e-mail i.d. of respective faculty members
4. Facilitating of answering through Gyandarshan Lecture Channel – Toll free number 1800-11-2345 and e-mail i.d. gyandarshanbos@icai.org (during studio timings only)

Students may ask queries of general as well as technical nature through toll free number (on Monday to Friday between 2.00 P.M. to 4.00 P.M.). Students are advised to use toll free facility for short answer questions. Queries requiring elaborate answers should preferably be addressed to the respective faculty members through e-mail.


S.NO
SUBJECT
NAME
CONTACT NO.
EMAIL-ID
DAY
COMMON PROFICIENCY TEST
1.
Fundamentals of Accounting
Aditya P. Tripathi
0120 3045937
tkaditya@icai.org.in
Monday
2.
Mercantile Law
Ms. Nisha Gupta
0120 3045923
giridharan@icai.org.in
Tuesday
3.
Economics
Mrs. Prem J. Bhutani
0120 3045911
prem@icai.org.in
Tuesday
4.
Mathematics& Statistics
Dr. N.V. Ravi/T.Muthu Kumar
0120 3045939
tmkumar@icai.org.in
Tuesday
PROFESSIONAL COMPETENCE COURSE
5.
Advanced Accounting
CA. Shilpa Aggarwal
0120 3045921
shilpa@icai.org.in
Monday
6.
Auditing & Assurance
CA. Vikas Gupta
0120 3045925
vikas.kumar@icai.org.in
Wednesday
7.
Business Corporate Laws
Mr. Alexander Samuel
0120 3045939
giridharan@icai.org.in
Tuesday
8.
Business Ethics
Mr. Alexander Samuel
0120 3045939
giridharan@icai.org.in
Wednesday
9.
Business Communication
Dr. Naveen Mehta
0120 3045938
giridharan@icai.org.in
Wednesday
10.
Cost Accounting
Dr. N.N. Sengupta / Mr. A.P. Kar
0120 3045919
nnsengupta@icia.org.in
Thursday

11.
Financial Management
CA. Ashish Gupta
0120 3045914
ashish.gupta@icai.org.in
Thursday
12.
Taxation
CA. Priya Subamanian / CA. Ruchika Sabharwal
0120 3045913
priya@icai.org.in
ruchika@icai.org.in
Friday

13.
Information Technology
Mr. Manna Dey
0120 3045924
mannadey@icai.org.in
Wednesday
FINAL COURSE
14.
Strategic Management
Mr. Shaleen Suneja /
Dr. Ruchi Gupta
0120 3045912
0120 3045926
ssuneja@icai.org.in
Wednesday

15.
Financial Reporting
CA. Seema Gupta / CA. Shilpa Agarwal
0120 3045916
seema@icai.org.in
shilpa@icai.org.in
Monday
16.
Strategic Financial Management
Dr. S.Z.H. Zaidi
0120 3045910
zaidi@icai.org.in
Thursday
Wednesday

Tuesday
17.
Advanced Auditing
CA. Vikas Gupta

0120 3045925
Vikas.kumar@icai.org.in
18.
Corporate & Allied Laws
Ms. Megha Goyal
0120 3045935
giridharan@icai.org.in
19.
Advanced Management Accounting
Mr. A.P. Kar / Dr. N.N. Sengupta
0120 3045919
nnsengupta@icia.org.in
Thursday
20.
Information Systems Control & Audit
Mrs. Indu Arora
0120 3045904
indu@icai.org.in
Wednesday
21.
Direct Tax Laws
CA. Priya Subamanian / CA. Ruchika Sabharwal
0120 3045913
priya@icai.org.in
ruchika@icai.org.in
Friday
22.
Indirect Tax Laws
CA. Smita Mishra / Mr. Ashish Bhansali
0120 3045920
smita@icai.org.in
ashish.bhansali@icai.org
Friday

Cpt Online Registration

Is also available now frm dis batch...
http://www.megaupload.com/?d=ODFO0QGO

For checking Top Business schools

Top business schools in 2008

http://www.eduniversal.com/business-schools-ranking/select_area#

About ICAI

ICAI
The Institute of Chartered Accountants of India (ICAI) is a statutory body established under the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for the regulation of the profession of Chartered Accountants in India. During its nearly six decades of existence, ICAI has achieved recognition as a premier accounting body not only in the country but also globally, for its contribution in the fields of education, professional development, maintenance of high accounting, auditing and ethical standards.ICAI now is the second largest accounting body in the whole world.

Top Ten Tips For MBA Admissions

1 Be absolutely certain with your decision to get your MBA and your business school of choice.

I'm really not trying to scare you and I don't really mean to end this on a somber note. In fact, most MBAs, including the vast majority of my classmates, are quite happy with the decisions they have made. Nevertheless, there is a significant minority of talented, well-adjusted people who end up unhappy. The reasons are as varied as the people themselves and include separation from family and friends, undue pressure to attend business school from relatives and coworkers, and career choices that do not require the MBA degree. For this minority, a lot of time and money is wasted as a result of their bad decisions.
2 Visit the campuses of any business schools you think you would like to attend.

To continue with my last thought, the interview often presents a great opportunity for you to visit the campus and speak to the admissions staff and current students. You should call the school in advance and tell them when you are planning to visit. Most schools will gladly arrange for you to sit in on a class and receive a guided tour of the campus. Finally, do not be afraid to approach students and solicit their views of the school. Most of the time, students are glad to talk to prospective applicants (remember, most of them were in your position just a short while ago) and MBA students in particular are often quite willing to offer blunt opinions about what they like and don't like about their programs.
3 Take the optional interviews and prepare for them.

Don't be lazy and opt out of these interviews. View them as additional opportunities to present yourself in a good light, and hence, increase your chances of being accepted. But don't forget that these interviews are also opportunities for you to learn more about the prospective schools. Although the top schools will allow you to interview at remote locations with a volunteer alumnus, I advise interviewing on campus since the alumni are not usually as current with the MBA programs.
4 Don't be afraid to use an admissions consultant.

You're about to make a major life decision and tens of thousands of tuition dollars and years of your life are at stake, not to mention future career paths. You can find a good consultant who will cost you less than you'll spend on application fees and GMAT test taking. A good consultant should help you identify your best personal strategy to gain admission and steer you towards the business schools for which you're best suited. They are also perfect for proofing essays (see #5 above) and they can really help ease your stress during this taxing time period.
5 Have someone proof your admissions essays.

I can not overstate the importance of having a third party review your application essays. Make sure the proofreader has good grammar and is committed to spending quality time with your essays. Do NOT try to proof your own essays all by yourself. You may catch a lot of your own errors, but chances are some silly ones will get by you. Why? Because when you wrote the particularly awkward sentence, you know what you meant to say. Unfortunately for you, the admissions staff is not likely to be as impressed by the unclear and awkward sentence.

6.Make sure your applications and essays are immaculate
Often times, the admissions staff reading your application and essays will never meet you in person. Do not squander this "first impression" by allowing any stains (applicable only to applications submitted via snail mail), misaligned page margins, or inconsistent fonts. These types of things can make the difference between being admitted and being rejected, so I would encourage you to take this to heart.

7 Know why you are going to business school.

Be prepared to explain why you are leaving your job or why you want to pursue an MBA right out of undergrad. You can be sure you will be asked this question at least once in an essay or during the admissions interview. If you are employed and your employer does not know you are considering an MBA, make arrangements to get a reference from a trusted colleague.

8 Prepare for the GMAT and TOEFL if applicable.

Don't take this test unprepared. Also, this may sound strange, but I do NOT recommend a GMAT review course. I took one and disliked it. The course moved at the pace of the group's slowest student and I had to drive to a classroom when I could have spent the commuting time studying instead. I recommend buying a good book or two and studying at your own pace and at your own optimal hours.

Based on numerous emails I have received, it seems many of you are international applicants to whom English is not your native language. I wish I could tell you something more but you should study for the TOEFL (test of English as a foreign language)


9 Identify business schools of interest.

Develop criteria such as geography, recruitment, school reputation, tuition, faculty, student body, etc. In this first step you want to start with the largest number of schools and then apply your criteria and narrow down your choices. Although the schools you are currently considering will end up in the narrowed down list, you may be surprised to uncover some other schools as well. Keep in mind that you don't want to undersell yourself and automatically exclude the top schools. If you're even close to borderline for admission, there are things you can do to increase your chances. (Read on.) Establish criteria such as courses offered, companies that recruit at the school, opportunities for internships, study abroad, etc.

10 Research post MBA career opportunities and business schools.

First make sure you know why you want to go to school and have a clear idea of what you may want to do when you graduate. Often times, as in college, your career goals will change. However, you are about to make a big investment of your time and money, so make sure you give your decision the proper amount of thought and research.